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Technology Stocks : Nokia (NOK)

NOK 6.155

+1.4%

2:02 PM EST

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To: gdichaz who wrote (3097)	12/23/1999 8:49:00 AM
From: tero kuittinen	Read Replies (5) of 34857

Well - Nokia does have the W-CDMA development deal with the world's biggest CDMA operator, SK Telecom in Korea. Plus the Chinese and NTT-Docomo development deals. The fact that W-CDMA was presented to ETSI by Nokia and Ericsson as their 3G standard of choice (over the opposition of Motorola, Alcatel and Siemens) may be deliberately ignored by many people, but that's what happened in 1998. Nokia's and Motorola's "interest" in the Q division was leaked repeatedly during the past couple of months. San Diego Tribune and a bunch of telecom analysts obediently parroted the lines that were fed to them: leading companies are fighting over the division. Who leaked this stuff? Take a wild guess. Did anyone bother to check the impartiality of leaks coming from the company that is selling the division? Here's the bottom line: Q couldn't find a top ten phone manufacturer to buy the handset division. That's the end result. Not Nokia, Motorola or Ericsson. Not Siemens, Alcatel, Philips or Samsung. Not even Sanyo or Bosch, for Pete's sake. All else is spin. Was the intense propaganda campaign about Nokia and Motorola a demonic ploy to deceive a third-rate handset company to pay through its nose for damaged goods? We'll never know. But I guess we can draw some conclusions about how "intense" the "fight" over the division must have been among "six leading handset manufacturers" from the eventual buyer. I suspect that the business journalists at the Tribune are moonlighting as scriptwriters for "Sliders". Best of luck for Kyocera for resuscitating this floater. Merry Christmas, peace and goodwill among the assorted telecom dorks obsessively rehashing old grudges on this thread. It's creepily addictive. Y'all have a good holiday season! Tero

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